Bond Notes Messenger Not Guilty, Acquitted
30 May 2018
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By Paul Nyathi|A messenger from Safeguard Security Company in Bulawayo who was last week has arrested for allegedly stealing US$4 000 delivery money and replacing it with $4 000 bond notes has been found not guilty by the court and acquitted of all charges against him.

Kumbulani Davi (41) was facing theft charges after he allegedly delivered $4 010 in Bond Notes to his employer instead of US$4 000 payment received company client Old Nic Mine.

The magistrate found him not guilty on the charges indicating that the case state was fragment as there was no loss on any of the parties involved since Bond Notes and US Dollars are pegged at the same value.

The court heard that Davi a trusted messenger of the company under the accounts department, was sent to collect US$4 000 from Old Nic Mine, money for contractual security services rendered to them.

“Davi’s duties included delivering invoices and collecting payments from the company’s clients and handing it over to his employer. On May 11, the accountant at Old Nic Mine, Sethi Nyazenga contacted Safeguard’s credit controller Chester Chamunorwa Machiya to send a messenger to collect $4 000 monthly collection,” he said.

“On May 14, Davi was sent to collect the money from Old Nic Mine. He was given two sealed packs of United States dollars which contained a total of 200 notes in $20 denominations.

“On the same date, Davi handed over $4 010 in denominations of $5 and $2 bundles bond notes to his company.

“The money was verified and it was discovered that there was an extra $10. The paying officer at Old Nic Mine, Tracy Gambakwe, was contacted and notified of the excess $10.”

The court heard that she said it was impossible for the denominations to be in excess as she had handed US$20 by 200 to Davi leading to his arrest.